Franchise Business For Sale

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Excellent Hair Cutting Salon

Tennessee

Asking Price

$149,000.00

Initial Capital

Year Established

About Fees, Royalties and other Obligations:

Business Type

Hair Salon

Overview

This is the largest brand in the hair care industry. Our salons are conveniently located in strip malls in 138 markets throughout the U.S. and Canada. We just achieved 33 straight quarters of same-store sales growth. This is a Blue Chip franchise worthy of your serious consideration.

No appointments are necessary for men, women, and children to get haircuts and perms at competitive prices. A distinct and enduring advantage of having over 3,000 salons under one brand makes us clearly the dominant presence in our industry. It is imperative for you to be able to take direction as well as give it. We have a proven system for one reason: it works. We recruit people who are skilled at recruiting and motivating staff, somewhat analytical, can follow a system and who understand the basics of business. Combining the experience of our franchise, along with your business acumen, together we will continue to be a strong force within the $55 billion hair care industry.

You will have an opportunity to review our Franchise Disclosure Document which contains a section titled “Financial Performance Representations” (FPR). The FPR discloses salon-level financial information for approximately 50% of salons open at least two years. The disclosed information includes gross sales, rent, labor, royalties, ad fund contribution and operating cash flow. What really makes this business concept unique is the fact that it is recession resistant, simple and has steady growth; you will be hard pressed to find a better business that meets all three. Interested buyers must have a minimum net worth of $300K with $50K liquid and live within 90 miles of their projected salon location.

Once you are approved by our Franchise Development team to start your due diligence at no cost or obligation, you'll be encouraged to start talking with our franchisees – most of whom kept their professional job while opening up their first salon(s). This is not an absentee business, it's a manager-run business; and we recruit franchisees that know how to manage the manager. 95% of our franchisees didn't know how to cut hair when they joined our system, and most of them still don't know how to cut hair years after becoming a franchisee. Your mission is to manage and lead your staff, grow sales and open multiple salons. Our website attracts more than 15,000 stylist and manager applications every year throughout North America. Those applicants are forwarded immediately to our local franchisees. The franchise also has long-term relationships in the industry with leading cosmetology schools that can help drive staff to your door. You will find the ideal site for your salon by working closely with your dedicated Real Estate Manager and our Exclusive Commercial Real Estate Agent in the market. They know the market better than anyone and will devote their time and effort to help you find a great site.

Please respond with your full name, address, phone number and email address. No students or brokers please. Your information is kept confidential and we will respond immediately.

The information contained in this ad does not constitute an offer to sell or award a franchise. Offerings are made by Franchise Disclosure Documents only and in compliance with applicable disclosure laws.

Business Details

Location and Facilities: Salons are conveniently located in strip malls. Most owners plan to open multiple salons.
Support/Training: The franchise provides 2 Days of training at Headquarters, 2 Weeks of training at your Salon and Exceptional Ongoing Support. They also have an online University for continuous education.
Market Information and Position: This franchise is the largest brand in the hair care industry.

GrowthOver time, most owners grow to multi-unit ownership of 3 to 5 salons or more. Owners time is minimal to passive.
Reasons for Selling: Strong brand and market growth in a recession resistant industry.
Financing:AvailableWe can help unlock your 401K or refer you to friendly lenders